1. City of Austin Budget Timeline Forecast Agenda – April 18
April 24 Five-Year Financial Forecast Presentation to Council and Report released
May 8 Council Discussion and Q&A related to Forecast Report and Presentation
July 31 Proposed Budget Presented to Council, accompanied by list of Unmet Service Demands
August 13 Budget Work Session
August 21, 28 Budget, Tax Rate and Utility Rate Public Hearings
September 8-10 Adoption of Budget & Tax Rate 1

2. City of Austin Five-Year Outlook Forecast Agenda – April 182

3. Forecast Agenda – April 18
General Fund Revenue
Forecast Agenda – April 18
FY 2015 Forecasted General Fund Revenue = $841M
Forecast reduces current tax rate of by to per $100 of AV for FY 2015
Tax Rate Calculations
Effective Rate = (FY 2015 revenue reduction of $22.7 million)
Rollback Rate = (FY 2015 revenue increase of $5.0 million) 3

4. General Fund Expenditures Forecast Agenda – April 18
Existing programs and service levels maintained
Key FY 2015 cost drivers include:
3.5% wage increase for civilian staff
1% wage increase for APD and EMS per contract; 1% increase for Fire assumed in absence of contract
8% increase in health insurance
10% increase in workers’ compensation
10% increase for fleet repair costs
59 new police officers to maintain 2.0 officers per thousand residents
36 firefighters previously funded through SAFER grant transferred into General Fund
2 Community Health Paramedics funded by Central Health 4